Tech News

Australian insurer warns of 'distressing' hack threat

A major Australian health insurer warned Tuesday of a "distressing" threat by a purported hacker to release client data within 24 hours, following a hack affecting 10 million people.. On Tuesday, an anonymous poster on a hacking blog -- widely cited by Australian media -- said that data from the Medibank hack "will be publish in 24 hours". 

Twitter takeover raises fears of climate misinfo surge

Climate deniers looking to block action and "greenwashing" companies could have free rein on Twitter after Elon Musk's takeover, analysts warned as leaders pursued anti-warming efforts at the COP27 summit.. She pointed to the controversy around Hill+Knowlton Strategies -- a PR company working for big fossil fuel companies -– reportedly hired by host Egypt to handle public relations for the COP27 summit.

Renault to reorganise towards electric future

French automaker Renault will pitch investors Tuesday on its planned green revamp, with two spin-offs: a new electric-vehicle unit and a subsidiary for thermal and hybrid assets. . At an investor day in Paris on Tuesday, Renault is expected to outline its green transformation. 

Australian insurer warns of 'distressing' data threat

A major Australian health insurer warned Tuesday of a "distressing" threat by a purported hacker to release data within 24 hours from a hack affecting 10 million people.. On Tuesday, an anonymous poster on a hacking blog -- widely cited by Australian media -- said "data will be publish in 24 hours". 

Asian markets mixed ahead of US midterms

Asian markets were mixed on Tuesday following an upbeat session on Wall Street as investors look towards crucial midterm elections that polls show could upend power in Washington.. Polls show Republicans are likely to win at least one house of Congress -- and some see the prospect of further Washington gridlock as a scenario that could lessen the risk of policy uncertainty.

Microsoft co-founder's art may reap $1 bn at auction

An art collection is tipped to break the $1 billion barrier at auction for the first time when Christie's sells works belonging to late Microsoft co-founder Paul Allen this week.. Christie's hopes the total sales will become part of art market history and top $1 billion.

Stocks mostly rise, dollar dips before US midterms

Global stocks mostly rose Monday while the dollar dipped against key rivals as markets looked ahead to this week's US midterm elections and key inflation data.. "It is simply that once the midterm elections are completed, stock markets tend to do well in the year end."

US seizes $3.4 bn in bitcoin stolen from Silk Road

The US government announced Monday it had seized $3.4 billion in bitcoin from a real estate developer who stole the cryptocurrency from the dark web marketplace Silk Road a decade ago.. Until the FBI shut it down in October 2013, the US government called Silk Road "the most sophisticated and extensive criminal marketplace on the Internet," used by vendors in more than 10 countries in North America and Europe.

Defectors seek alternatives to Musk-owned Twitter

Since Elon Musk took over Twitter, users irked by the platform's new regime have vowed to move their online presence elsewhere, with German-owned Mastodon attracting the most attention.. A few other start-ups are also attracting attention, including Counter Social and Tribel Social. 

Court summons Kenya pilots' union over strike

A Nairobi court on Monday summoned the Kenyan pilots' union responsible for a ongoing strike that has left thousands of Kenya Airways passengers stranded, as the airline cancelled most of its flights.. "Due to the ongoing unlawful industrial action by Kenya Airline Pilots Association (KALPA), most of our flights have been cancelled," the carrier said in a statement.